Vol. 4 Num 55 Sun. July 20, 2003       Advertise with The Daily Star -- Advertising on the Website    Advertising in the Printed E dition-- Home  News Today's Index Front Page Business Political Sports Foreign Relations Metropolitan National International Culture General Views Editorial Letters to Editor Write to Editor Sections Others About Us Contact Advertisement Suppliments Archives Business   Bangla-US agreement on double taxation avoidance on the cards Bangladesh and the US are on the verge of signing an agreement on avoidance of double taxation as top officials are likely to initial documents in Washington later this month.   Listed banks may be penalised for profit disclosure sans provisioning Private commercial banks (PCBs) announcing half yearly operating profit without maintaining provisions against bad or doubtful debts are likely to be penalised by the Securities and Exchange Commission   SEC rejects DSE claim Malpractice of brokerage houses The Securities and Exchange Commission (SEC) has rejected Dhaka Stock Exchange's (DSE) claim that it was not aware of the malpractice of some brokerage houses.   Taka strong against dollar The Bangladesh taka was stronger against the US dollar in thin inter-bank trade yesterday as the greenback was mostly lower against most currencies and the euro bounced, dealers said.   Oil prices climb as traders track new tropical storm Oil prices forged higher on Friday as traders kept a wary eye on reports of a new storm brewing in the Gulf of Mexico, though dealing was thin, traders said.   Iraq's transition to market to be tough, warn UN, WB Iraq will have a difficult transition to a market economy after a decade of economic sanctions and must make social reforms to protect the most vulnerable members of society, the World Bank and United   WTO publishes draft for Cancun meet to spur stalled trade talks The World Trade Organisation on Friday published a model of key decisions for ministers to take at an upcoming meeting in Mexico to revive stalled global trade talks.     Advertisement